Koryx Copper Inc. V.KRY

Alternate Symbol(s): KRYXF

Metals & Mining Copper

Koryx Copper Inc. a Canada-based mineral exploration and development company. The Company is in the business of exploring and evaluating mineral properties located in Africa. Its Haib copper project is located in the south of Namibia. The Haib project lies approximately 12 to 15 kilometers (km) east of the main tarred interstate highway connecting South Africa and Namibia and the nearest railway station is at Grunau, approximately 120 km north on the main highway. It also holds three copper exploration licenses in the center of the Zambian Copper belt, which includes Luanshya West project (license 23246), Chililabombwe Project (license 23247), and Mpongwe project (license 23248). The license 23246 covers approximately 5,423.26 hectares (54.24 square kilometers (Km2)). The license 23247 covers approximately 2,200 hectares (22.5 km2). The license 23248 covers approximately 67,500 hectares (675 Sq. Km).

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Koryx Copper Inc.

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Post by Yepnewpapyon Jul 29, 2021 10:58am

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Post# 33620857

Small Cap report

https://smallcaps.us/high-level-meeting-does-not-resolve-issues-related-to-renewal-of-license-for-haib-project/
Deep-South was on track to deliver on all of the planned requirements to move the project forward until an unexpected setback was reported last week.
If you haven’t sold your shares yet, consider holding on to them, as the price has dropped dramatically. It is important to remember that the Company isn’t dead. It has several millions of dollars in the bank, with which it can acquire and develop other properties while the Haib issue is being handled in court. Smallcaps Recommendation: HOLD.

Investors may consider to average down to benefit from the next upleg

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